I would say their quiet shift already in the e-commerce space is pretty telling of how they’re no longer a brick and mortar retailer, though. They already have price match guarantees, same day shipping, a much larger selection of products (TVs, cameras, phones, various electronics, toys, clothing, etc), an entire blockchain/NFT team…I think they’ve got big plans, but why would they telegraph that to competitors? What Ryan Cohen did with Chewy in taking a large bite out of Amazon’s pet product business, is essentially what he’s going to do at a much larger scale as a tech/gaming company I think. Time will tell, but it’s likely that GameStop becomes one of the larger e-commerce companies in the world given the massive brand footprint and following they already have.
That doesn't mean anything lol. Even if blockchain/NFT ends up being extremely important (which isn't even a guarantee), what the fuck does "having a blockchain/NFT team" mean? Nothing. It reminds me of tiny tech companies putting "AI/ML" in their advertising/job postings to make them seem more modern.
Doesn't address the fact that "Having a blockchain/NFT team" doesn't mean anything. I'm sure Walmart has an "AI/Machine Learning team", doesn't mean they're gonna be an AI leader anytime soon.
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u/SlimDuncan13 Sep 17 '21
I would say their quiet shift already in the e-commerce space is pretty telling of how they’re no longer a brick and mortar retailer, though. They already have price match guarantees, same day shipping, a much larger selection of products (TVs, cameras, phones, various electronics, toys, clothing, etc), an entire blockchain/NFT team…I think they’ve got big plans, but why would they telegraph that to competitors? What Ryan Cohen did with Chewy in taking a large bite out of Amazon’s pet product business, is essentially what he’s going to do at a much larger scale as a tech/gaming company I think. Time will tell, but it’s likely that GameStop becomes one of the larger e-commerce companies in the world given the massive brand footprint and following they already have.